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Midday update for Gold 30-10-2020

Economies.com
2020-10-30 10:35AM UTC

Gold price keeps its stability below 1882.40 level, to keep the negative pressure valid for today, waiting to break 1860.90 level to confirm extending the bearish wave towards 1794.85 as a next main station, while breaching 1882.40 and holding above it will lead the price to achieve intraday gains today that target testing 1901.80 level before any new negative attempt.

 

The expected trading range for today is between 1850.00 support and 1890.00 resistance.

 

The expected trend for today: Bearish

Midday update for the GBPUSD 30-10-2020

Economies.com
2020-10-30 10:34AM UTC

The GBPUSD pair shows sideways trading since morning, and as long as the price is below 1.3000, our bearish overview will remain valid for today, waiting to get enough negative momentum to push the price to resume the negative scenario that targets 1.2845 followed by 1.2705 levels as next main stations.

 

The expected trading range for today is between 1.2845 support and 1.3000 resistance.

 

The expected trend for today: Bearish

Midday update for the EURUSD 30-10-2020

Economies.com
2020-10-30 10:34AM UTC

The EURUSD pair shows negative trades now that hints the price head to resume the expected bearish trend for today, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 1.1540, while the expected decline will remain valid unless the price rallied to breach 1.1720 followed by 1.1750 levels and hold above them.

 

The expected trading range for today is between 1.1600 support and 1.1750 resistance.

 

The expected trend for today: Bearish

The EURCHF leans on the support – Analysis – 30-10-2020

Economies.com
2020-10-30 06:47AM UTC

Despite the EURCHF pair recent negative pressures, leaning above the key support 1.0657 supports the previously suggested positive overview, as the stability of the current support allows us to wait to gather the positive momentum again and manage to rally towards 1.0725 level direct, while surpassing it might extend trades towards 1.0800 in the upcoming period.

 

The expected trading range for today is between 1.0655 and 1.0725

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3327.540 (2025-07-15 19:15PM UTC)